SIGNAL: $SOL Stablecoin Supply Reaches $17.3B ATH as Price Holds $90

$SOL is showing notable on-chain strength as stablecoin supply on Solana hits a new all-time high of $17.3B, while price continues to consolidate around the $90 level.

Rising stablecoin liquidity suggests increasing capital sitting within the ecosystem, often associated with higher potential activity across DeFi and trading markets.

Network activity remains elevated:

• High transaction throughput across the ecosystem

• Expanding real-world asset integration (e.g., Ondo Finance)

• Continued growth in builder and protocol development

Key Levels:

• Support: $89

• Upside targets: $100–$130

• Breakdown scenario: Below $89 opens risk toward $60–$75

Price remains range-bound while liquidity builds — a structure often watched for potential volatility expansion.

Bias: Monitoring $89 as the key pivot level.

#Solana #SOL #Crypto #DeFi #Altcoins